NOT LISTED FOR SALE

Estimated Value: $519,000

4 Beds
3 Baths
3,245 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $440,000 $136 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,265/month

198 Days on Market

Highlights

  • Mountain View
  • Hilly Lot
  • Wooded Lot
  • Deck
  • Living Room with Fireplace
  • Traditional Architecture

About This Home

As of October 2023

Attention seasoned investors and developers! A new opportunity has arisen in Asheville's sought-after Oakley neighborhood. This 1.09-acre property is located just 7 minutes from downtown Asheville, steps from Biltmore Village and its many amenities, including restaurants, breweries, and boutique shops. The Biltmore Estate and Mission Hospital are also just a stone's throw away. The property boasts a large home with plenty of yard space for gardening or subdividing. With an RS8 zoning designation, it's an attractive prospect for investors or developers looking to add more homes for sale or rentals in this highly desirable area. Additionally, the property is close to the bus line and has a new main waterline recently replaced. The neighborhood is home to a new and improved local library. For families and sports enthusiasts, there's the Ray Kisiah baseball complex. Oakley truly has it all. Don't miss out on this opportunity to invest in one of Asheville's most popular neighborhoods.

Last Agent to Sell the Property

Heather Hines

Landon Key Realty Brokerage Email: heatherhinesbyrd@gmail.com License #277623 Listed on: 02/13/2023

Last Buyer's Agent

Katie Beane

Homespun Investment Realty Inc License #273524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1981

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Hilly Lot
  • Wooded Lot
  • Property is zoned RS8

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Additional Homes

  • Separate Entry Quarters

Schools

  • Oakley Elementary School
  • Ac Reynolds Middle School
  • Ac Reynolds High School

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Oil
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 9658-20-7036-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,774

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1981
  • Second Living Quarters: Interior Connected,Separate Living Quarters,Other - See Remarks
  • Road Surface Type: Other, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 135.59
  • Geocode Confidence: High
  • Attribution Contact: heatherhinesbyrd@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Permanent
  • Flooring: Carpet, Tile, Linoleum, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2900
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 2036
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2036
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 345
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 3245
  • Has Basement: Full, Other
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Insert, Living Room, Wood Burning, Wood Burning Stove
  • Living Area: 3245
  • Bedroom Main: 3
  • Room Count: 18
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Fenced, Partial
  • View: Mountain(s), Winter
  • Construction Type: Brick Partial, Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 321
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Oil, Propane, Wall Furnace
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: AC Reynolds
  • HOA Subject To: None

Lot Info

  • Lot Features: Hilly, Level, Wooded, Views
  • Lot Size Area: 1.09
  • Lot Size Units: Acres
  • Parcel Number: 9658-20-7036-00000
  • Zoning: RS8
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS8

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Oakley
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Sep 27, 2023
Sold by
Marlowe Bobby Alexander
Bought by
Ashkat Realty Llc
Seller's Agent
Heather Hines
Landon Key Realty
Buyer's Agent
Katie Beane
Homespun Investment Realty Inc
List Price
$599,000
Sold Price
$440,000
Premium/Discount to List
-$159,000
-26.54%
Views
1225
Current Estimated Value
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,000
Original Mortgage
$536,531
Interest Rate
7.18%
Mortgage Type
Construction

Purchase Details

Closed on
May 11, 1998
Sold by
Marlowe Bobby and Marlowe Beverly H
Bought by
Marlowe Janie F
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ashkat Realty Llc $440,000 None Listed On Document
Marlowe Janie F $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ashkat Realty Llc $536,531
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $440,000 -6.4% $136 / Sq Ft
08/24/2023 08/24/23 Price Changed $470,000 -4.1% $145 / Sq Ft
08/09/2023 08/09/23 Price Changed $490,000 -2.0% $151 / Sq Ft
07/29/2023 07/29/23 Price Changed $499,999 -3.5% $154 / Sq Ft
06/23/2023 06/23/23 Price Changed $518,000 -4.1% $160 / Sq Ft
05/13/2023 05/13/23 Price Changed $539,999 -1.6% $166 / Sq Ft
04/18/2023 04/18/23 Price Changed $549,000 -4.4% $169 / Sq Ft
03/14/2023 03/14/23 Price Changed $574,000 -4.2% $177 / Sq Ft
02/13/2023 02/13/23 For Sale $599,000 -- $185 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,774 $529,900 $112,800 $417,100
2022 $4,721 $529,900 $0 $0
2021 $2,402 $529,900 $0 $0
2020 $2,038 $418,900 $0 $0
2019 $2,038 $418,900 $0 $0
2018 $2,038 $418,900 $0 $0
2017 $2,060 $345,400 $0 $0
2016 $1,882 $345,400 $0 $0
2015 -- $345,400 $0 $0
2014 $1,856 $345,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4001029

Canopy MLS (Canopy Realtor® Association)

APN: 9658-20-7036-00000